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think about where wealthy folks are, with respect to the obama administration. and we saw all the data on wall street, the pendulum swinging away from barack obama towards mitt romney, how much of it is genuine self-interest in the sense of, just something as simple as the amount of taxes they will pay? >> i would say all of it. i really would. i would say all of it. the banks have two choices. four years ago, they had the choice between barack obama and they knew exactly who he was going to appoint in terms of ben bernanke and timothy geithner, the combination of the team that had saved the world from utter financial collapse. and that's what they knew they needed. and john mccain, on the other hand, was running around like a headless chicken, and they were scared, they were petrified he would become president, especially with his vice presidential candidate. so they voted in their self-interest, because they knew that the system needed to be saved. now that the system is saved is, they just want to pay less taxes. >> that gets to this question of narrow self-interest versus broad sel
, they're smoking joints. >>> i dare you, like double dare you. obama administration bites and says, yeah, we're prepared to go off the fiscal cliff. >>> roger goodell, the commissioner football fans love to hate. there's a softer, gentler side of goodell. seriously. the nfl commissioner you don't know. "newsroom" starts now. >>> good morning. thank you so much for joining me. i'm carol costello. smoke 'em if you got 'em. recreational marijuana is officially legal in washington state. shall we say a rather mellow celebration at seattle's space needle? pot smokers lit up like it was new year's eve. new voter approved initiative went into effect midnight. this pot party technically, is illegal. wz's law bans smoking pot in public places. for now the seattle police department is turning a blind eye. this notice was sent to all officers last night. until further notice officers shall not take any enforcement action, other than to issue a verbal warning, for a violation of initiative 502. miguel marquez is in seattle. you were there at midnight for the big party, when the law went into effect.
getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the white house wants to get rid of forever. there's not been a lot of republican movement on the forever deal. i'm not saying they are not going to get to a deal before the deadline, but don't be fooled by the posturing. there is a sailboat. it's coming clearer. joining us is the former budget director for the obama administration. vice chairman at citigroup, a veteran of these negotiations, thank you for being here on a friday night. >> good to be with you. >> peter, you have been in a lot of these negotiations. you have been in their rhythms and seen how they go. what's your take? >> i think as you pointed out, it's still early. it's december 7th. both sides would be complaining if there was an agreement in place. but you can see the pieces comi
, just really during the obama administration. the message that the u.s. has to send out has to be clear but what kind of, what kind of stick do we have to go with our words? >> well i think we've got to convince china and i concede it is an arduous task, but i think we have to convince china their own security long term depends on ending the north korea's nuclear weapons program. china could do that alone if it wanted to. it supplies 90% of the north korea's energy and substantial amounts of food to keep the north korean population there instead in china. but china has not been willing to do that because it fears that the regime would collapse and the peninsula would reunify. that's what we need to convince china long term it is in their interests. if north korea's nuclear weapons program goes on other countries in the region, japan, south korea, taiwan and others are themselves going to look whether they want nuclear weapons which would obviously make the entire region much more unstable. jon: and for those who wondered whether kim jong-un had staying power as leader of north korea, he
% savings. >> treasury secretary tim geithner says the obama administration is willing to let it goefr the fiscal cliif is -- fiscal cliff. >> if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get
, pre-existing conditions. so this is basically a way for the obama administration to cover the cost of those that come in to the health care exchanges, come in on the new insurance plans. this obviously will be passed on not just to businesses but to those that work for major corporations of the country that are paying for medical insurance. no if's and's or but's it will happen in 2014. >>neil: folks say they have been hiking premiums anyway so who says they will add this increase on, it will be baked into the increase. you say not necessarily so, it will be an add on, on top of that written? >>guest: it is written in the legislation in the health care legislation, as an additional fee. it is buried if thousands of pages of regulation that many companies, many lawyers across the country, are going through to find out what the health care law will mean whether you are a small business or a big business. at the end of the day it will have to be passed on to the individual. at this point it looks like 190 million americans. the obama administration says this is a temporary fix because
impact. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the last minute deal that's where you find wiggle room. >> i guarantee you there's guys in boehner's camp that are ready to go over, too. >> but he's been moving to marginalize those peel. this is his way of taking control of the party. >> the question is why do they care where the money comes from. if you have a revenue target, then fine. but we need $800 million in revenue. john wehner figured it out. and boehner can turn around and say i need $6 trillion in titlement cuts. and they can each take each other's playbook and try and figure out what they would like best to -- figure out the number and figure out how to get there. >> i don't know. both sides seem to be only too willing to do it. they're in the booking rove on fox because of that fiasco. which made good tv, but apparent apparently, i don't know, but he says republicans will get the blame for going off the cliff, but the president will be wea
happened on that raid. >>> and president obama has prepared to make some big changes to his administration and one report says he could turn to the editor of "vogue" for one of the top posts in the country. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ male announcer ] lifts to clear obstacles. ♪ lowers to cut drag. rises to every challenge. the class exclusive air suspension in the new 2013 ram 1500. engineered t
, surprise, obama administration doubles down on green energy and find out how much the taxpayer will have to shell out this time around. and also new at 10, enough obamacare laws are starting to go into effect and for restaurants across the country. one new regulation that could cost businesses millions, again, that's coming up the top of the hour and it will be new at 10. something serious going on here, there are reports that syria is mixing chemical weapons and loading them into bombs. sarin gas is theeprecise weapons grade material they're talking about here. nbc news reports that the the syrian military is waiting for orders from president al-assad to drop the bombs on its own civilians. the united states warned any use of chemical weapons would trigger western intervention. secretary of state hillary clinton meets russian diplomates and syria, chemical weapons, they will be discussed. and now to egypt. five people dead after huge protests in the streets of cairo and hurled rocks, fire bombs to protest morsi's seizure of near unrestricted powers and rush-through adoption of the quick
decided this in 1970. it's out of our hands. we, the obama administration, the justice department, have an obligation to enforce the law as it stands, and that, right now is in direct conflict with two states, washington and colorado. let alone with the states stlat medical marijuana in place which is over 18. because one of the criteria for being a schedule 1 narcot sick that there's no medical use demonstrated. so that is a fascinating conflict between the feds and states rights. people voting in these states increasingly to legalize at least medical marijuana. >> is there any sort of spillover effect you can see here on to other laws like immigration issues or gay marriage or anything else like that because i would think that the white house would not want to be seen as picking and choosing where it decide the federal government is supposed to be in charge. >> you are right. but again, we're seeing a generational shift on many, very contentious culture war issues. in the last segment, same-sex marriage. a generational shift being fought on a state by state level. it's up to the feder
possibly in the future lead to theent duction of american military forces. the obama administration is right they don't want to go into syria. they have avoided a u.s. military intervention but chemical weapons changes everything in the calculation. the a divisive and dangerous moment in the syrian civil war. >> it's scary, scary stuff. ambassador, i want to get your take on one other thing. secretary of state clinton had some comments about ambassador rice, someone who is speculated as her successor to secretary and of state. i want to play that for you. >> it's important to remember what susan said was based on the information that had been given to every senior official. in our administration. and she made very clear in her appearances that the information was subject to change, as more facts were gathered and analyzed by the intelligence community and looked, as often the case, our understanding evolved over time. and we've done our best to keep the american people and the congress informed. that was her goal. >> so obviously, secretary clinton offering a vigorous defense of sus
but to agree to the other side of the debate. everybody agrees that the obama administration has won the debate on the met ta issue right now. and that is the tax rates. they won the debate. once you solve that issue, it's a question of finding another 500 or 600 billion in tax cuts. which i think the two sides are not that far. but they can find that money. the point here is i think this deal is largely done. and i think this is mostly theatrics. and all a function of the fact that boehner is a weak speaker and he has to slow walk his caucus into this position that they've lost when everybody already knows they lost the debate. >> but jared, here's the question. the president appears to still be compromising or willing to compromise even though as julian just says, there's really no engagement from speaker boehner in terms of substantive change. we had the president talking of increasing from 400 to 600. he's talking about corporate tax reform. all of these things are things the president is compromising on. what's boehner doing? >> actually, i think that there is no deal absent compromise. an
. that is certainly bad newings for a lot of people. >> it is. this announcement by fema and the obama administration is receiving shock from all elelingted officials in maryland who have some start of tie to the eastern shore. senators pleaded once again with the fema director for help. >> people woke up to this headline "u.s. denies aid to storm victims." this is the picture. >> the senator speaks wednesday at a sub committee on capitol hill expressing sadness and disbelief that fema denied the state's request for individual assistance for residents affected by superstorm sandy. also in attended was another senator who pointed out why the state was spared 30 inches of snow still fell and areas around the crab capitol were destroyed by flooding. >> if you live in parts of maryland you are suffering as much as any community in this storm. >> both the governor and fema director have pledged to appeal the denial, has expressed outrage saying "i cannot remember a public policy decision that more deeply grieves me than the denial of individual assistance aid to families, homes, easy businesses. as one of
president obama this is the administration i think that has significantly led from behind. it's outsourced its own u.s. leadership on the world stage countries like france and turkey. this is not an administration that is interested in powerfully projecting american leadership internationally. we now see, of course, the middle east going up in flames. and there is absolutely no leadership whatsoever coming from washington at this time. i describe the obama president's foreign policy as an absolute disaster. one that has significantly undercut key u.s. allies, including of course israel and great britain while appeasing america's enemies on the world stage. from iran, for example through to sudan to north korea and now, of course, we see the situation in egypt significantly deteriorating. and barely a word of condemnation coming from the obama administration with regard to morsi's dictatorship in cairo. >> obviously retreating on freedoms without a doubt, clamping down on personal liberty, religious liberty. that's a big concern with morsi. and human rights activists around the world are ve
access to everything about you. the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their poin administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lots of money for the crporations who create the cars, two, it can provide insight as to whether there's criminality. someone speeding down the road at 120-130 miles per hour -- neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're on, every place you're at, whether you have yo
an actual proposal from the obama administration. again, i think this is just a little distraction, a bobble that they're dangling in front of the republicans. but if we got the rate down to 28%, it depends on how they're, quote, paying for it, unquote. and if they make our world wide tax system worse, if they force companies to declare investment expenses as taxable income, that's going to bias the system against new call tapital. there's all sorts of bad ways to finance it. on the other hand, if they're getting rid of the ethanol loophole and all that, it's good news. i don't trust the white house because their track record is so far to the left. >> you're not trusting them, i get that. what about this sort of conundrum. supposed they did drop the corporate tax rate from 35 to 28 and pay for it with loophole closures and put that aside. if you're a small business, you might still be sitting with higher tax rate because the upper end tax rates are going up. a small business subchapter s may be at 40% or 44% with obama care, while the c-corp rate goes down to 28%. now there's something wrong
's talk a little bit about what's happening in the middle ooe east right now with the u.s., the obama administration, nato obviously very concerned about the regime of the president potentially using chemical weapons, poison gas, against its own people. here's the question. what's the difference killing civilians in syria with bombs from mig jet fighters or attack helicopters as opposed to let's say poison gas? or chemical warfare? >> well, that's a good question. in one sense, in moral terms, there is no difference. almost 40,000 people have died in syria already. but the use of chemical weapons and poison gas, i think the fa val valueties would be very much greater. it does kind of cross a line. these aren't judgments that you can make in any particularly scientific way. but i think what your administration, part of the international community is signaling to the president is if you cross that line, it will be a sharp and strong reaction. >> and those were tough words coming from president obama yesterday from secretary hillary clinton from the nato secretary general today in brusse
-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still scarce, oil is still scarce, the chinese lead lots of it, and the canadians have lots of it. president obama cam
is switching mightily in his face from the obama administration. >> i guess he's proof that you can be a billionaire and not particularly clef. ken vogel and professor dyson, i'm sorry, ken's feed to us has broken down but we're grateful to his contribution as always. >>> next, has fox news put a sock in two of the right's biggest mouths? stay with us. >> where is your -- this proposal is an inassault. this is is like stalin [ bleep ] the bald eagle. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to ach
that marijuana is everybody and america is the largest jailer per capita in the world. we are hoping the obama administration will take opportunity on second administration lame duck working on legacy to say hey, the voters -- the citizens voted in these two states. let's let the states work it out. >> geraldo: that's vivian mcpeak and trip keebler weren't you a federal prosecutor in that very office? >> i'm going to tell you they are not going to let this go and happen in the state. no, the feds can come in, as you know, as you just said and trump anything that the state does. >> controlled substances abuse act into federal law? >> right. when i was a federal prosecutor we had a zero tolerance program came in from the border of canada. put in jail for a day. record was expunged. little bit of a sign. >> >> do you think the fed are going to do that even the majority. >> attorney's office, yes. >> you have got 18 states passing medical marijuana already. a third the american people. isn't the writing on the wall here, this prohibition of marijuana is over? >> i really think is, look. you do as
or leaving. >> reporter: how many will end up in america? there is criticism of the obama administration and they feel it has been too muted in terms of the violence we see now and what the new government is doing to protect the minorities, such as the coptic christians. >> reporter: thank you. earlier in our program, 100,000 have fled, recently. so clearly, more are coming. thank you. >> jamie: we are celebrating the trail blazers of human space flight. it's been 40 years since the last mission to the moon, capping off an incredible run for the american space program. this is one of the original pioneer who is ventured into the unknown, rusty schwicart, he sits down with us next. >> hipety, hopety, hipety, hopety, over the hill, land hill. da-da-da-da-da-da-da-dah. hipety hopety along. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes co
? >>> plus, sudden about face from the obama administration on school lunches. why? because of a silly viral video. >>> and the life of robbie shankar. the legacy of a beatles mentor and the father of norah jones. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> the road trip one war veteran was taking was supposed to be about fun, and relaxation, but turned into torment and threats against jon hammar and his family. you see, for the last four months he has been in this mexican jail for allegedly trying to take an illegal weapon into the country. the weapon here, this was the family heirloom, a shotgun he intended to hunt with and he even got paperwork from the u.s. customs to take it across the border into mexico. but mexican offic
administration is pressuring states to expand medicaid coverage as outlined by obama care. the health care law calls for medicaid to be expanded to anyone who earns up to 133% of the poverty line. under the law, the federal government would cost -- would cover the cost of new enrollment until 2016. then their share would be dropped to 90% by the year 2022. nine states have said no to expansion, despite the huge federal funding. and some states want partial expansion. but today, the administration said no way. states must expand medicaid all the way if they want to receive full obama care funding. let's turn to the former director of the office of consumer information and insurance oversight, with the health and human services department. and also msnbc contributor e.j. dion, "washington post" columnist and author of "our divided political heart." thanks for joining us tonight. jay, these health insurance ex-change, where have they important and what does it mean if states say they're not going to go down this road? >> they're important, because they enable individuals to get together and have
. it can't be done. no matter how much you tax the workers. yet, the obama administration and the democratic party continue to put forth that higher taxation will bring the massive government debt under control. perhaps the only democrat telling the truth about this is our old pal howard dean, the uber liberal former governor of vermont. >> the truth is everybody needs to pay more taxes, not just the rich. that's a good start. but we're north going to get out of this deficit problem unless we raise taxes across the board. >> bill: governor dean sympathizes with the socialist philosophy and that's where the government is heading. taking from those who are productive and giving to those who are struggling. or who are working for the massive government apparatus. during this christmas season we all should emulate officer deprimo. that help may be futile. if the federal government doesn't wise up and impose some discipline on the incredible, incredible entitlement spending, america's economy will eventually collapse: president obama needs to invite jeffrey hillman to the white
and discrimination against gay people. obama administration says it agrees that the law is unconstitutional so the house of representatives has hired outside lawyers to represent the law. >> because justice department has said you know what, this is ugly and we don't like it. it is here. but we are not going to enforce it. if this goes to the supreme court, who argues on behalf of the government? if the government does want to discuss it who discusses it for the government? >> paul clement, very distinguished lawyer hired by the house of representatives. former solicitor general under george w. bush. he argued the health care case and argued the arizona immigration case. she a very experienced advocate. that position will be very well represented. >> strangely we wouldn't have the current solicitor general. >> it happens, you know, about once every ten years. when the department of justice says we cannot represent the government. we just think that this is beyond the pale. that's what he is there done here. >> let me flip to prop 8. just so everyone is clear what jeffrey was talking about with
as a whole, bears some responsibility here because after the overthrow of gaddafhi, the obama administration, britain, france just turned away from the problem, and so now we have this potential anarchic situation where the terrorists can take root. >> greta: so now what? what do we do? >> at this point trying to find ways to strengthen, i use this term loosely, the government of libya is very important because if we sees somalia this time on the southern coast of the mediterranean, it's very clear that europe will be vulnerable and indeed we will be worldwide, so it seems to me this is something that we should be involved in, but our friends in europe really have a lot at stake here, too. >> ambassador, we want to also ask you tonight about former vice-president dick cheney's latest remarks. now, last night he blasted president obama's foreign policy in the middle east. here's what he said in part. >> i think certainly in my conversations with many of those people, they no longer believe us. they no longer trust us. they no longer believe they can count on the united states of america to do
, you should be taxed when you make them. the obama administration had a pretty good proposal to crack down on this stuff back in 2009. never went any place. and that's not surprising given how much money is raised from google. >> what i would say is it is their fiduciary duty to pay a low tax rate. that's what the law says. that's what they have to do. i believe that's what they are doing in this case. >> you know, they talked in the past in washington about a moratorium of some kind to allow companies to repatuate the funds they have overseas. would that satisfy what you're talking about here? >> no -- we need real systemic reform. fiduciary responsibility. google has a brand as one of the good guys. if irt starts to tarnish that brand, that's bad for shareholders long-term. and i think this tarnishes its brand. >> what if we saw a lowering -- it's not on the table obviously. but in theory land, what if we saw a lowering of the corporate tax rate? would that bring an end to this? >> i don't know if it's necessarily a lowering of the actual rate. what is called for is simplifying the
been very one-sided. >> bill: right. so that the obama administration knows that, the democratic party knows it's all going their way, all the propaganda, all the stuff that reaches the american people through the myriad of media outlets is all about tax rates for the rich and nothing about getting spendin spending r control. they walk into the room and go blank you guys, we're not giving you anything. we know the real story won't be reported. it's frightening. >> it is. the other piece of this, bill, that's very important is the consequence of not tackling the entitlement spending and reforming the programs so they cost less. it's very severe. they're not immediate. the president has what he considers to be some time to either deal with this or perhaps not deal with it and he leaves office and it's for the next person to deal with. now, it would take a lot of courage for him and he would have to break a lot of china in his own party to say we've got a short-term fiscal cliff and we've got a bi bigger one that that. i want to head it all off, and it will take a bargain to do it and i'm
to tax and the liberal obama administration and both charles and i agree that it probably is the most liberal administration ever in the united states. they say, look, we are elected. the folks elected us and we haven't hidden our agenda of elevating all americans to a certain lifestyle, a certain standard of living. in order to do that, we have to take from those who have and give to those below the standard of living that we want. and the folks said yes. that's their argument. >> look, i believe that when you look at the issue of taxation, when you ask as liberals do what's the fair share, the idea is that the government has a claim on your earnings, a moral claim, certain amount, maybe, who knows how much. and then it can dispense with it as it wants. now with a church it ties -- tithes, one tenth claim on your earnings that's what the is in the bible and it spends as it wishes. that's not how a government ought to work. a government ought to work from the other end. what do we need for roads and bridges, for raising an army and in a modern economy, a modern state a safety net for
the government money. the chatter is being stirred by knowledgeable washington journalists saying the obama administration may be ready to include these in a fiscal cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing
and the sanctions that the obama administration has already put out there on north rolina. it calls into question how effective they have been. a u.s. official said they had planned to go to the united nations, which met today, to try to get strong wording on condemning this launch. even the threat of additional sanctions on north korea, it really remains to be seen, you know, how much more you could sanction the country, which is already very isolated, especially if you don't have the fullba backing of a country lik china or russia. >> chris, thank you. appreciate it. >>> we learned today there's an american citizen detained in north korea for more than a month now. he's identified as tour operator kenneth bay. south korean papers say bay was detained after crossing into the country with a small group of tourists. one of the tourists reportedly had sensitive information on a computer hard drive, so a u.s. official tells cnn they do not believe that bay is being mistreated by the north koreans. still a lot of questions on that story. >>> sir richard branson, he doesn't sit on ideas. are you still
's what we know right now. we have just 20 days left for the obama administration and house speaker boehner's office to reach a deal on the fiscal cliff. while talks continue privately between both, no public details of progression toward the compromise have been released. in the last hour, our guest, tony fratto who is the former press secretary and jerry bernstein agreed that we would likely get some sort of a deal, just perhaps not in a form that was widely expected. joining us right now is the first of many lawmakers we'll be speaking with today, texas congressman jeb hensarling who is also the incoming chairman of the house financial services committee. and mr. chairman, first of all, congratulations. >> thank you. good morning. >> good morning. thanks for being with us today. >> happy to do it. >> we hear all of this talk, we hear all the talk that's been leading up to this point. we know it's gone a little quieter at this point. maybe that's a good thing. i also know you've been pretty firm about this. you've said that elections do have consequences. the president is getting
on the hypocrisy of big business and the obama administration. all of that is next. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >> so the idea that you could pass a law into the next generation, some of your hard work and somebody who you love would have a nest egg with which to build more? wait, i can feel him. he's on floor 3 and i'm on 10. they don't like that. get back to floor 1 with the rest of the people. stuart: that was in our last ho
a high-risk test like this with so many eyes watching? bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha: $120 million to develop the next electric car battery. it's not an independent venture. you are paying for it. the u.s. taxpayer. we'll tell you about the government's latest gamble with your money. bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, h
it is not tied to performance. stuart: is it possible for the obama administration to stop the trend or get in the way of it or block it in some way? you're former chairman of the national labor relations board. as i understand it, the president is stacking that national labor relations board with people on the left. would they be in a position to stop this right to work trend? >> no, they would not. the statute specifically gives the states the right to pass a right to work law. and i can't think of anything that members of the board could do to stop that. there was a little bit of an effort to do that with regard to boeing. but that was indirect and not direct. i don't think it would have been effective anyway. stuart: right, if i'm right, and i believe i am, that the prrsident is stacking the nlrb, what can they do, what do you expect them to do in this second term to enhance the union movement? >> you know, a variety of different things they can do. they can grant access to union agents to an employer's premises after a petition is filed. they could reverse existing board law and give e
energy markets. the obama administration has said the study will be central to the decision on whether to export. he said exporting the gas would be a bigger impact on the economy. >> slap in the face of dow chemical. of coke, not coke the beverage company. but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess of this stuff. >> the government says that the -- 6.6% of current u.s. consumption. >> why would prices move that dramatically at all? wouldn't they just come down globally? >> the average, our $16 goes to $4. it costs $7 to get stuff from the united states. >> you should argue that they should go down because they went be the only one. dominion has brooi
pleasure. >> get on there, get on witnesser and chat. >>> we are getting reaction from the obama administration now which has been closely monitoring the numbers in washington. that's where we find the white house correspondent brianna keilar. we hope the leaf blower is done. what do you hear? >> reporter: no leaf blower, no jackhammer. we are getting reaction from the white house, obviously. they saw this positively, don. month surprise. this coming from the chairman of the president's council of economic advisors. it says while more work remains to be done today's employment report provides further evidence the u.s. economy is continuing to heal and continuing to heal from the wounds inflicted by the worst downturn since the great depression. this is obviously similar to what we heard in past months. but the president or -- certainly the white house pointing to this as proof that his economic policies should continue. specifically in this reaction. they point to that bush era tax cut for middle class americans that's set to expire along with tax cuts for all americans. here at
, that it is unlawful discrimination. the obama administration agrees that this law is unconstitutional. it's now being defended by a lawyer hired by the house of representatives, and the case about is the defense of marriage act constitutional, that is one. there are several different cases raising that issue that the justices are probably going to decide whether to hear today. >> california's prop 8, what would that entail? >> propositional is a very different case because that's really a more fundamental case that potentially could apply in every state of the union. basically that question is does the constitution require that everyone, gay or straight, has the right to get married, and what makes the proposition 8 case potentially so earth-shaking in its politics is that it might not apply only in california. it might apply in the 40 plus states that don't have same-sex marriage. it could essentially bring same-sex marriage to the whole country. that's a very different, much broader issue than the defense of marriage act. >> and, jeffrey, explain to us, what is the difference if you are a gay coupl
about the location of osama bin laden. >> reporter: the controversy? the obama administration has faced accusations it gave undeserved access to the filmmakers. in real life, everyone involved in the hunt for bin laden remains sworn to secrecy. but the filmmakers say they got firsthand accounts. they just won't say exactly how that happened. >> i think as a reporter you would understand we take prot t protecting our sources and sort of the exact methodology of our sourcing pretty seriously, just in the same way if i asked you how did you source that story. >> katherine, when you hear mark talk this way, are you a journalist or a filmmakerer? >> that's a good question. well, i certainly tried to be as faithful to the research as possible and make a good movie and make a film that was timely. >> reporter: but how much access they got is the issue. >> obviously things went wrong here. >> reporter: congressman peter king, chairman of the house homeland security committee first called for an investigation at both the cia and the pentagon. >> there was an event where operatives were involved
is now 7.7% falls to 6.5%. that could take some time, though, even though the obama administration is hoping the recovery will speed up. let's bring in our kmeef white house correspondent jessica yellin. what is the white house saying about today's dramatic, very important decision by the federal reserve? >> reporter: wolf, as usual, they are saying nothing. they don't want to comment on fed policy from the white house podium because they never want to say anything that might rock the markets. but i can tell you that democrats generally view these moves as a positive sign something that will create predictability for business so that's something that pleases them. also, behind closed doors here at the white house, wolf, they have been meeting with business leaders today. the president's top advisers and chiefly his economic team has been meeting with ceos and wall street hon chos trying to continue their charm offensive to help some of the nation's top business executives sell their deal on the fiscal cliff and this week the white house had a major victory on that front. the busine
? and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down. >> not if you are somebody who is at a small company who is -- >> business is -- the most important there is the growth in the cost of health care. if this is helping to bend the cost curve -- >> if you talk to small businesses, they are looking at double digit increases. the tale of two worlds here. >> people that are 45 -- >> talk to any business person, they're adjusting and the health care industry's adjusting. >> we've got to go. >> we should have a longer conversation on this. >> yes, absolutely. >>> coming up, more data still ahead. we'll get third quarter productivity. and wow, it's incredible. are you going to be back for that? liesman will
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